Requirements to start up a Co-Operative

• All members of the Co-op are to attend a compulsory pre-establishment session with the department of Economic Development’s District Co-ordinators;
• Subject to the approval of the business idea by the District Co-ordinators, members are then referred to an FET college for training on Co-operative and business management skills;
• The Co-operative members are then required to complete a business plan and have the it approved by their mentors at the FET colleges;
• Once the business plan is approved, the FET College forward the business plan to Ithala for financial analysis;
• Once the business plan is accepted as financially viable to Ithala, the Co-operative is funded, subject to the terms and conditions of Ithala.